Founded by Indrajeet Kumar and Swatiki Prakash, Artociti manufactures large-format, high-relief 3D wall décor and operates a vertically integrated production model. Artociti, a mass premium 3D wall art brand, has raised ₹1 crore for a 7.5 per cent equity stake on Shark Tank India from investors Namita Thapar and Vineeta Singh, valuing the company at around ₹13.33 crore.
Founded by Indrajeet Kumar and Swatiki Prakash, Artociti manufactures large-format, high-relief 3D wall décor and operates a vertically integrated production model. The company currently runs a 3,000 sq ft experience centre in Delhi.
The fresh capital will be used to set up a new state-of-the-art manufacturing facility in Bokaro, Jharkhand, aimed at increasing production capacity, standardising quality and improving delivery timelines.
Artociti also plans to expand its experience-led retail footprint to Pune, Bengaluru and Chennai, while exploring export opportunities in the medium term.
“While managing exhibitions in the Middle East, I recognised a massive gap in the Indian market for premium, high-quality relief 3D wall décor. We built Artociti during the pandemic with a vision to create a national design-manufacturing brand right from Tier-2 India,” said Kumar.
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